Data & Insights Preparing For a Tough Economy? Your Whole Workforce Needs Data Skills Business leaders have been on a wild ride since early 2020, and now economists predict a challenging road ahead. It’s never been more important to empower every worker with the data they need to understand, analyze, and make decisions. Why? Data-literate workforces create data-driven companies with higher revenue, better customer service, best-in-class efficiency, and better […] Salesforce June 30, 2022June 30, 2022 4 min read Data & InsightsBig DataData VisualizationAssociatesInsight ProvidersEconomyShoppersTechnology & InnovationCustomer ExperiencePredictions and ForecastsStreamingDept. NonfoodCustomer ExperienceOperations & Supply ChainCOVID19Procter & GambleAI / MLMarketing: In StoreMarketing: BroadcastThick DataConsultingESG and CSRMarketing: Direct & PersonalizationStrategySustainability 0 Saving Bookmark this article Bookmarked
Stores & Formats Nisa offers stores help to promote products via social media Nisa’s independent retailers are receiving a helping hand to spread the word to shoppers about the range of Co-op own label products available in their stores. To support retailers with their continued commitment to the Co-op range, a bank of new digital assets has been created and made available for use on social channels during […] Talking Retail June 30, 2022June 30, 2022 < 1 min read ESG and CSRBrick and MortarPricing & PromotionsMarketing: SocialShoppersOwned Brands (Private Label) 0 Saving Bookmark this article Bookmarked
Stores & Formats Poundland resets stores to support squeezed shoppers Poundland has confirmed that it is resetting its 850-plus stores to ensure it would best meet the needs of customers – new and old – as the country begins seeing rates of inflation not experienced since 2007-8. The discounter said it would be leaning more heavily into its iconic £1 price point to help support […] Talking Retail June 30, 2022June 30, 2022 < 1 min read Brick and MortarShoppersEconomy 0 Saving Bookmark this article Bookmarked
Trends & External Forces Kung Fu Panda goes green Eco-friendly bamboo brand The Cheeky Panda has partnered with DreamWorks franchise Kung Fu Panda to launch a competition on packs of the firm’s kitchen roll and baby wipes, giving shoppers the chance to win a weekend of adventure in Edinburgh. The prize includes a Kung Fu masterclass, a trip to Edinburgh Zoo, a dim sum dinner […] Talking Retail June 30, 2022June 30, 2022 < 1 min read CompetitionShoppersDept. Nonfood 0 Saving Bookmark this article Bookmarked
Trends & External Forces NRF: Economy slowing but recession is unlikely in near term WASHINGTON – The U.S. economy’s rate of growth is slowing, but consumers remain financially healthy and the nation is unlikely to enter into a recession during the remainder of 2022, National Retail Federation chief economist Jack Kleinhenz said Thursday. “I am not betting on an official recession in the near term, but the most recent […] MMR June 30, 2022June 30, 2022 3 min read EconomyConsumersAssociatesDept. NonfoodRestaurantsPredictions and ForecastsCOVID19Data & InsightsBig DataOperations & Supply ChainStore LocationShoppersDept. FuelMarketing: SocialGoogleExecutivesThick DataTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Media & Marketing XY Retail secures seed round from Monta Vista Capital PoS and omnichannel commerce solution startup XY Retail has closed a $4 million seed round led by Monta Vista Capital with participation from Stage 1 Ventures. The cash will be used to accelerate the company’s global roll-out of its XY platform to luxury brands. The aim is to help them digitise their enterprises and manage […] Retail Technology Innovation Hub June 30, 2022June 30, 2022 2 min read Marketing: SocialOmnichannelResults & InvestmentOperations & Supply ChainShoppersTwitterTechnology & InnovationAssociatesBig DataExecutivesData & InsightsCustomer ExperienceCustomer ExperiencePricing & PromotionsPredictions and ForecastsPartnershipsMarketing: In StoreMerchandisingMarketing: PrintBrick and MortarVendorsStore Location 0 Saving Bookmark this article Bookmarked
Data & Insights Revolutionary Retail: Supply Chain & Inventory Management In this episode of Revolutionary Retail, our panelists explore the impact COVID-19 had on the labor market and supply chain, emerging retail technology, and the importance of implementing this new technology to improve customer experience. Panelists: Susan Walsh, GM and CTO, US Retail and Consumer Goods at Microsoft Cathy Hotka, Retail Insider at Cathy Hotka […] Rethink Retail June 30, 2022June 30, 2022 < 1 min read Operations & Supply ChainBig DataData & InsightsTechnology & InnovationAssociatesCOVID19Customer ExperienceCustomer ExperienceConsumersExecutivesShoppers 0 Saving Bookmark this article Bookmarked
Data & Insights Amazon Launches Analytics Service For Its Bricks-and-Mortar Stores Amazon said yesterday that it is launching a new retail analytics service that is designed to “offer brands insights about the performance of their products, promotions and ad campaigns. The new service, Store Analytics, gives brands anonymized insights about their products in Amazon Go and Amazon Fresh stores in the United States that use Just […] MorningNewsBeat June 30, 2022June 30, 2022 < 1 min read AmazonData & InsightsBrick and MortarBig DataTechnology & InnovationMerchandisingShoppersTech: CashierlessConsumersMarketing: TradeDept. Fresh 0 Saving Bookmark this article Bookmarked
Trends & External Forces Your Views: Hypotheses & Illuminations We had a story the other day about how Starbucks is going to test three different formats in Seattle, prompting MNB reader Gwen Morrison to write: New store concepts usually test features that can be migrated or scaled across the majority of formats. A retro “past” Starbucks might make sense as a one-off in their […] MorningNewsBeat June 30, 2022June 30, 2022 4 min read ConsumersWalmartAssociatesGovernmentLegal & CriminalRestaurantsPricing & PromotionsBig DataData & InsightsMarketing: TradeExecutivesOperations & Supply ChainShoppersDollar TreeResults & InvestmentDept. HBCPredictions and ForecastsEconomyMarketing: Direct & PersonalizationTechnology & InnovationMarketing: Loyalty & SubscriptionHealth & Wellness 0 Saving Bookmark this article Bookmarked
Data & Insights How DTC Brands Can Enjoy Post-purchase Success What is DTC? Why Do You Need to Look into it? DTC has been making ripples in the ecommerce world owing to the fact that it has enabled brands to have direct access to their customers and cater to their specific needs head-on, rather than dealing through monopolized third parties. Traditionally successful brands who have […] Latest Shipment June 30, 2022June 30, 2022 6 min read Data & InsightsBig DataDeliveryShoppersReturnsOperations & Supply ChainCustomer ExperienceCustomer ExperienceProcter & GambleDept. NonfoodMarketing: In StoreCompetitionWeatherStrategyShopifyDept. ApparelMarketing: UGCMarketing: TradeMarketing: Direct & PersonalizationMarketing: BrandKellogg'sHoliday & Events 0 Saving Bookmark this article Bookmarked
Data & Insights The business case for marketing balance In late May, the U.S. military airlifted 70,000 pounds of baby formula from Europe to the U.S. to help with the national shortage. It was another troubling development in what has become a national supply-chain crisis that’s still affecting everything from cars to semiconductors to lumber. And that’s a problem for marketers focused on lower-funnel […] Nielsen June 30, 2022June 30, 2022 2 min read Big DataInsight ProvidersData & InsightsConsumersCompetitionOperations & Supply ChainCOVID19Dept. NonfoodShoppersStrategyAcquisitionTechnology & InnovationEconomyHealth & WellnessMerchandisingPredictions and ForecastsPricing & PromotionsProcter & GambleTarget 0 Saving Bookmark this article Bookmarked
Channel: Restaurants Raining Tacos from the Heavens How the new Taco Bell Defy in Brooklyn Park, Minnesota is defying the odds and changing the way drive-thrus operate By Brandon Solnit – PAR Technology Drive-thru services account for a large portion of fast-food restaurant operations. With 42% of all restaurants operating drive-thrus, it has become an operational necessity. From line-busting to pulling cars, […] Partech June 30, 2022June 30, 2022 4 min read RestaurantsConsumersShoppersDept. GroceryTechnology & InnovationDeliveryAssociatesMarketing: Loyalty & SubscriptionPredictions and ForecastsOperations & Supply ChainProcter & GamblePricing & PromotionsMarketing: Direct & PersonalizationDept. ApparelCOVID19Partnerships 0 Saving Bookmark this article Bookmarked
Technology & Innovation Contactless Payments are Here to Stay with PARPay Payment services are evolving and PARPay is here to help your restaurant adapt to the forever-changing times By Brandon Solnit – PAR Technology As the pandemic slowly starts to subside and life inches back to normal, the restaurant industry has seen a major change in the way customers make purchases. One thing Covid-19 brought to […] Partech June 30, 2022June 30, 2022 3 min read Technology & InnovationRestaurantsShoppersConsumersCOVID19Data & InsightsBig DataMarketing: Loyalty & SubscriptionDept. GroceryDept. NonfoodSustainabilityLegal & CriminalMarketing: Direct & PersonalizationHealth & WellnessMarketing: BrandOperations & Supply ChainPartnershipsPredictions and ForecastsPricing & PromotionsProcter & GambleGoogleAssociates 0 Saving Bookmark this article Bookmarked
Shopper & Customer Podcast: Save A Lot’s Tim Schroder sees ‘big opportunity’ for value grocer High food prices have shoppers hunting for savings and embracing store brands Supermarket News June 30, 2022June 30, 2022 < 1 min read Save A LotPodcastsShoppersEconomyDept. Grocery 0 Saving Bookmark this article Bookmarked
Shopper & Customer 8 weird consumer spending trends The rising cost of living is wreaking havoc with consumer spending. And as food, transport, and energy prices continue to rocket, consumers aren’t the only ones cutting back. Tesla recently announced mass layoffs, while buy-now-pay-later giant Klarna has cut 10% of its staff. We see a clear consumer dilemma in our Zeitgeist data – between […] GWI (Global Web Index) June 30, 2022June 30, 2022 3 min read ConsumersHealth & WellnessSustainabilityMarketing: SocialCOVID19International - UKData & InsightsDept. GroceryBig DataBrick and MortarEconomyProcter & GambleESG and CSRShoppersResults & InvestmentDept. NonfoodPackagingOwned Brands (Private Label)Holiday & EventsDept. Adult BevDept. ApparelAssociates 0 Saving Bookmark this article Bookmarked
Media & Marketing Personalized Products: 3 Brands That Do It Best | Salsify Personalized products include anything that can be tailored to a specific customer’s needs and expectations — from office accessories and furniture, to clothing and shoes, to makeup, vitamins, and more. Salsify June 30, 2022June 30, 2022 < 1 min read Marketing: Direct & PersonalizationDept. ApparelShoppersMarketing: SocialDept. Nonfood 0 Saving Bookmark this article Bookmarked
Media & Marketing H&M Group taps Google Cloud tech for CX and supply chain push Google Cloud has announced a new partnership with H&M Group which will see the Swedish multinational leverage its data analytics capabilities and sustainable global infrastructure to enhance its customer experience and supply chain enablement. The pair will collaborate to develop an enterprise data backbone including a core data platform, data product, and advanced artificial intelligence […] Retail Technology Innovation Hub June 30, 2022June 30, 2022 < 1 min read Technology & InnovationData & InsightsCustomer ExperienceCustomer ExperienceBig DataMarketing: SocialTwitterGoogleOperations & Supply ChainAI / MLShoppersMarketing: In StorePartnershipsSustainabilityDept. NonfoodOwned Brands (Private Label)Tech: AIInternational 0 Saving Bookmark this article Bookmarked
Shopper & Customer Restaurant and Convenience Stores Consumers Visits Declining The consumer is telling us the cost of everything can’t keep going up. Consumers are cutting back on visits to their favorite restaurants and convenience store. If you are a retailer that means less money, in the till, less profit in the back at the end of the month. The questions Steven Johnson, Grocerant […] Grocerant Guru June 30, 2022June 30, 2022 4 min read ConsumersTechnology & InnovationEconomyRestaurantsDept. GroceryBig DataData & InsightsShoppersMarketing: SocialThick DataDept. FuelBrick and MortarStore LocationDept. FreshMeta (Facebook)TwitterESG and CSRMarketing: In StoreDept. NonfoodDept. Adult BevResults & InvestmentSustainability 0 Saving Bookmark this article Bookmarked
Technology & Innovation Black Swan analyzes social media to predict which products will be successful Consumer packaged goods companies — think PepsiCo or Nabisco — face steep challenges from the rising cost of living and distribution. As inflation continues unabated, consumers’ disposable income isn’t going as far as it used to while products are becoming more expensive to ship. The pressure is on businesses to place their bets on the […] TechCrunch June 30, 2022June 30, 2022 3 min read Technology & InnovationConsumersData & InsightsPepsiCoBig DataESG and CSRMarketing: SocialShoppersDept. BeverageInternational - UKDept. Adult BevPredictions and ForecastsDept. GrocerySustainabilityOperations & Supply ChainStrategyResults & InvestmentProcter & GamblePartnershipsMarketing: In StoreMeta (Facebook)Marketing: UGCAssociatesEconomyDept. NonfoodCOVID19Thick DataAI / ML 0 Saving Bookmark this article Bookmarked
Technology & Innovation NFT giant OpenSea reports major email data breach OpenSea, the popular NFT marketplace that hit a colossal $13 billion valuation in January, is warning users of email phishing after a data breach. A staff at Customer.io, an email vendor contracted by OpenSea, misused their employee access to download and share email addresses of OpenSea’s users and newsletter subscribers with an unauthorized external party, […] TechCrunch June 30, 2022June 30, 2022 < 1 min read CryptoData & InsightsBig DataLegal & CriminalNFTMarketing: SocialblockchainShoppersTechnology & InnovationProcter & GambleTargetAssociates 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit Wickes partner with RangeMe to scale product sourcing Home improvement business Wickes has today partnered with RangeMe to support their product buying teams, ensuring they have access to the most relevant products their customer’s… View Article The Retail Bulletin June 30, 2022June 30, 2022 < 1 min read VendorsPartnershipsShoppers 0 Saving Bookmark this article Bookmarked
Shopper & Customer 4 Creative Ways Retailers Are Using Gift Cards to Drive Sales With supply chain issues stressing physical inventory and inflation running high, consumers are turning to gift cards to fill the gap and stretch their spending power. According to a recent consumer survey from Fiserv, 58 percent of consumers said gift card promotions are motivating them to buy more gift cards during this inflation period. This […] Tom Niedbalski June 29, 2022June 29, 2022 2 min read ConsumersShoppersMarketing: TradeESG and CSREconomyHoliday & EventsOperations & Supply ChainOmnichannelDept. NonfoodPhilanthropyMarketing: In StoreThick DataTechnology & InnovationPricing & PromotionsDept. FreshMarketing: SocialMarketing: Loyalty & SubscriptionTrends: FinanceDept. BakeryDept. PerimeterAssociates 0 Saving Bookmark this article Bookmarked
Shopper & Customer How to Attract Gen Z Customers and Employees Alike Generation Z, or those born from 1997-2012, will be America’s largest generation by 2034, topping out at about 80 million. The oldest adult Gen Zers are already establishing potentially long-lasting earning and spending patterns, while the younger members of this demographic are still learning their first lessons about spending, saving and employer relations. To understand […] David Wilkinson June 29, 2022June 29, 2022 3 min read ConsumersAssociatesCOVID19ESG and CSRMarketing: SocialInclusivityEconomyPredictions and ForecastsDept. NonfoodResults & InvestmentShoppersThick DataConsultingTechnology & InnovationMarketing: In StoreMarketing: Loyalty & SubscriptionMeta (Facebook)Operations & Supply ChainPricing & PromotionsProcter & GambleTikTok 0 Saving Bookmark this article Bookmarked
Shopper & Customer 3 Strategies to Tackle the Current Economic Environment According to the U.S. Bureau of Labor Statistics, in March 2022, the Consumer Price Index rose 8.5 percent over the previous year — the largest increase in over 40 years. This jump has hit consumers’ wallets hard. What’s more, research from The Conference Board shows that consumer confidence is down again after rebounding from COVID-driven […] Elinor Johansen June 29, 2022June 29, 2022 3 min read ConsumersShoppersTechnology & InnovationEconomyDept. NonfoodCustomer ExperienceCustomer ExperienceMarketing: Direct & PersonalizationStrategySustainabilityOperations & Supply ChainData & InsightsAssociatesExecutivesBig DataCOVID19Thick DataMarketing: Loyalty & Subscription 0 Saving Bookmark this article Bookmarked
Technology & Innovation 2022 RTIH retail technology awards – Omnichannel initiative of the year category After launching in 2019 and delivering hugely successful follow up events in 2020 and 2021, the RTIH Innovation Awards return in 2022, featuring PMC as Headline Sponsor. The fourth edition of the awards is now open for entries, and includes a new category: Omnichannel retail initiative of the year. This award will go to a […] Retail Technology Innovation Hub June 29, 2022June 29, 2022 4 min read Technology & InnovationShoppersOmnichannelInternational - UKMarketing: SocialTwitterCustomer ExperienceOperations & Supply ChainCOVID19Customer ExperienceBrick and MortarPartnershipsDeliveryTrends: TechDept. ApparelRestaurants 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon Prime Members To Get 20% Discounts At Fresh Stores Amazon said yesterday that it plans to drive sales at its Amazon Fresh bricks-and-mortar stores by offering Amazon Prime members a 20 percent discount on select items. “We’re excited to launch the new Prime member savings benefit at Amazon Fresh stores today, offering 20% off everyday essentials across aisles,” Jeff Helbling, vice president of Amazon […] MorningNewsBeat June 29, 2022June 29, 2022 < 1 min read AmazonBrick and MortarDept. FreshPricing & PromotionsMarketing: TradeMarketing: Loyalty & SubscriptionStore LocationShoppersData & InsightsBig Data 0 Saving Bookmark this article Bookmarked
Shopper & Customer How to Create Great Customer Experiences Innovative POS Technologies and Solutions for 2022 and Beyond. Customer experience continues its reign as a top priority for both customers and retailers. Great customer experience is indeed top of the agenda for businesses and retailers, and high on the wish list for customers. Retail Customer Experience June 29, 2022June 29, 2022 < 1 min read Customer ExperienceCustomer ExperienceShoppers 0 Saving Bookmark this article Bookmarked
Technology & Innovation Big Chicken Selects PAR Technology’s Brink, Data Central and PAR Pay to Streamline Digital Operations New Hartford, NY – June 29, 2022 – ParTech, Inc. (PAR), a global restaurant technology company and provider of a unified commerce cloud platform for enterprise restaurants, today announced that Big Chicken has selected PAR’s Brink POS, Data Central Backoffice and PAR Pay for its food and beverage in-store technological requirements. Big Chicken, the star-powered […] Partech June 29, 2022June 29, 2022 3 min read Technology & InnovationRestaurantsShoppersMarketing: SocialData & InsightsPartnershipsBig DataOperations & Supply ChainDept. NonfoodMeta (Facebook)Dept. GroceryDept. BeverageInternationalExecutivesAssociatesTwitterAcquisitionDept. DairyDept. FrozenKellogg'sMarketing: In StoreMarketing: Loyalty & Subscription 0 Saving Bookmark this article Bookmarked
Channel: Mass Tesco makes it even easier to help local food banks and charities this summer Tesco is making it easier than ever for shoppers to give a helping hand to food banks and charities feeding people in their local community. The Tesco Food Collection is taking place in every large Tesco store across the UK from Thursday, June 30 until Saturday, July 2, and shoppers are being urged to donate […] Webwire June 29, 2022June 30, 2022 < 1 min read TescoDept. GroceryShoppersInternational - UKAssociates 0 Saving Bookmark this article Bookmarked
Associates & Employees Is your retail staff unhappy and unproductive? Here’s how to fix it Any company that deals with customers knows that the quality of service is an important factor for success. No matter how good your products are, if your retail store employees are disengaged or unhelpful you risk losing a big chunk of your customer base. According to research by PwC, 32% of consumers will stop shopping with […] LS Retail June 29, 2022June 29, 2022 < 1 min read AssociatesShoppersConsumersTechnology & InnovationMarketing: SocialConsulting 0 Saving Bookmark this article Bookmarked
Shopper & Customer Data & Insights Shopper & Customer Trends & External Forces Associates & Employees Today in Data: Declining Consumer Confidence Today in data, continued inflation and fears of a recession have contributed to a drop in the Consumer Confidence Index. Data $267.2B: Orders last month for manufactured durable goods, a sign that consumers were still spending despite inflation 98.7: The Consumer Confidence Index, down from 103.2 last month, and the lowest level since February 2021 43.2: Decline in […] Written by Pymnts.com June 30, 2022June 30, 2022 Saving Bookmark this article Bookmarked
Channel: Restaurants Department: Adult Beverage Shopper & Customer Avoid Five Fatty Fast-Food Flops This Summer, Physicians Warn Shake Shack's Bourbon bacon cheddar burger is the worst of the worst Written by PR Newswire June 30, 2022June 30, 2022 Saving Bookmark this article Bookmarked
Channel: Drug Corporate Finance Walgreens Boots Alliance Reports Fiscal 2022 Third Quarter Results Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced financial results for the third quarter of fiscal 2022, which ended May 31, 2022. Written by BusinessWire - Conference Calls June 30, 2022June 30, 2022 Saving Bookmark this article Bookmarked
Channel: Delivery Channel: Ecommerce & Digital Department & Category Department: Nonfood Corporate Strategy ESG Partnerships & Alt Profit Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Operations & Supply Chain Stores & Formats Q&A with Caper’s Co-Founder: AI and Contact-Free Checkout at Fenway Park This spring, we announced that iconic Fenway Park now offers Caper Counter’s AI-powered, contact-free checkout for fans in partnership with Aramark Sports + Entertainment. With the introduction of Caper Counter, baseball fans, concertgoers and more can now seamlessly access their favorite beverages and snacks – by simply placing items on the Counter where they are […] Written by Instacart News June 29, 2022June 29, 2022 Saving Bookmark this article Bookmarked
RetailWit QuickWit Your Daily QuickWit (6/29): Top Retail News Yesterday's top retail news and most read stories Written by RetailWit June 29, 2022June 29, 2022 Saving Bookmark this article Bookmarked